REG - Phoenix SpreeDeutsch - Completion of Amended PAIR

Phoenix Spree DeutschlandAnnouncement

17/08/2023 16:30

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RNS Number : 6834J  Phoenix Spree Deutschland Limited  17 August 2023

17 August 2023

 

Phoenix Spree Deutschland Limited

(the "Company" or "PSDL")

 

Completion of Amended and Restated Property Advisory and Investor Relations
Agreement ("Amended PAIR")

 

Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment
company specialising in Berlin residential real estate, today announces the
completion of the Amended PAIR.

 

On 28(th) June 2023, the Company put to Shareholders a proposal (the
"Proposal") to amend the fees payable to QSix Residential Limited, the
Company's property advisor, under the previous Property Advisory and Investor
Relations Agreement.

 

Further to the large majority vote in favour of the Proposal, the completion
of the Amended PAIR formalises these new arrangements.

 

Legal Entity Identifier: 213800OR6IIJPG98AG39

For Further Information, Please Contact:

 Phoenix Spree Deutschland
 Limited
 +44 (0) 20 3937 8760
 Stuart Young

 Numis Securities Limited (Corporate
 Broker)
                 +44 (0) 20 7260 1000
 David Benda

 Teneo (Financial
 PR)
 +44 (0) 20 7353 4200
 Olivia Peters
 Jo Blackshaw

 

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